CLAIMS ADJUSTER
CLAIMS ADJUSTER EXAM QUESTIONS AND ANSWERS %
CORRECT.
Multi-Peril-Package answer >Any policy which provides property & liability
coverage (not homeowner)
ISO policy answer >Sold in Texas, but not Texas form
Only Texas DP 1 answer >Mainly the only TDP sold, now with plethora of
endorsements
Texas Standard Fire Policy answer >Granddaddy of all Texas property policies
Business auto coverage e.g. answer >Owner of a taxi to cover collision damage
Inland Marine (build milk policy) would cover e.g. answer >3k gallons of milk in
tanker truck
Texas Standard, Standard Fire & Business Owner answer >Would all cover damage
to something like a gift card shop fire
, CLAIMS ADJUSTER
TX Personal Auto Policy e.g. answer >Owner of family far, for potential injury to
other people
Trucker's policy answers >Trucking company, for potential damage to other
people's trailers which the trucking company may be pulling
Actual Cash Value (ACV) answer >Replacement cost less depreciation
Garage Liability e.g. answer >For valet parking service to have appropriate
liability coverage it needs what kind of policy?
Flood, workers comp, crop, costal wind among others answer >Types of casualty
claims I will be unable to handle under license I'm studying for
Ocean Marine Hull coverage answer >Would have to be written for an insured to
cover potential collision damage to insured's ship
Covered (if it's not written) answer >It's safe to assume that if something is not
excluded in writing it's appropriate to assume that the loss is?
15/15/5 rule answer >15 calendar days to send notice you received claim
15 business days to resolve case
5 days to pay claim (if applicable)
Options for High Risk Drivers? answer >Texas started TAIPA
Risk pool
CLAIMS ADJUSTER EXAM QUESTIONS AND ANSWERS %
CORRECT.
Multi-Peril-Package answer >Any policy which provides property & liability
coverage (not homeowner)
ISO policy answer >Sold in Texas, but not Texas form
Only Texas DP 1 answer >Mainly the only TDP sold, now with plethora of
endorsements
Texas Standard Fire Policy answer >Granddaddy of all Texas property policies
Business auto coverage e.g. answer >Owner of a taxi to cover collision damage
Inland Marine (build milk policy) would cover e.g. answer >3k gallons of milk in
tanker truck
Texas Standard, Standard Fire & Business Owner answer >Would all cover damage
to something like a gift card shop fire
, CLAIMS ADJUSTER
TX Personal Auto Policy e.g. answer >Owner of family far, for potential injury to
other people
Trucker's policy answers >Trucking company, for potential damage to other
people's trailers which the trucking company may be pulling
Actual Cash Value (ACV) answer >Replacement cost less depreciation
Garage Liability e.g. answer >For valet parking service to have appropriate
liability coverage it needs what kind of policy?
Flood, workers comp, crop, costal wind among others answer >Types of casualty
claims I will be unable to handle under license I'm studying for
Ocean Marine Hull coverage answer >Would have to be written for an insured to
cover potential collision damage to insured's ship
Covered (if it's not written) answer >It's safe to assume that if something is not
excluded in writing it's appropriate to assume that the loss is?
15/15/5 rule answer >15 calendar days to send notice you received claim
15 business days to resolve case
5 days to pay claim (if applicable)
Options for High Risk Drivers? answer >Texas started TAIPA
Risk pool
